Instructions for Form 1023›(Rev. December 2024)
! in this list. Disqualified persons
1224 Inst 1023 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States
CAUTION should be listed in line 2(a)(i). For
purposes of this application, a “ disqualified person ” is any individual or organization that is any of the following.
1. A “ substantial contributor ” to you (defined below).
2. An officer, director, trustee, or any other individual who has similar powers or responsibilities.
3. An individual who owns more than 20% of the total combined voting power of a corporation that is a substantial contributor.
4. An individual who owns more than 20% of the profits interest of a partnership that is a substantial contributor.
5. An individual who owns more than 20% of the beneficiary interest of a trust or estate that is a substantial contributor.
6. A member of the family of any individual described in 1, 2, 3, 4, or 5 above.
7. A corporation in which any individuals described 1, 2, 3, 4, 5, or 6 above hold more than 35% of the total combined voting power.
8. A trust or estate in which any individuals described in 1, 2, 3, 4, 5, or 6 above hold more than 35% of the beneficial interests.
9. A partnership in which any individuals described in 1, 2, 3, 4, 5, or 6 above hold more than 35% of the profits interest.
Substantial contributor. A substantial contributor is any individual or organization that gave more than $5,000 to you from the date you were formed or other date that your exemption would be effective, to the end of the year in which the contributions were received. This total amount contributed must also be more than 2% of all the contributions you received. A creator of a trust is treated as a substantial contributor regardless of the amount contributed. For more information regarding substantial contributors, go to IRS.gov/Charities-Non-Profits/Private- Foundations/Substantial-Contributor- Private-Foundation .
Family members. A “member of the family” includes the spouse, ancestors, children, grandchildren, great-grandchildren, and their spouses.
For additional information concerning members of the family, go to IRS.gov/ Charities-Non-Profits/Charitable- Organizations/Member-of-the-Family .
Further information about disqualified persons, can be obtained at IRS.gov/ Charities-Non-Profits/IRC-Setion-4946- Definition-of-Disqualified-Person .
Line 2a(iii). Use Schedule A (Form 990 or 990-EZ), Public Charity Status and Public Support, Part III, Support Schedule for Organizations Described in Section 509(a)(2), and its instructions to determine if you meet the public support test for your most recent 5-year period.
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